Fundz

Practice Better raised $13M in a private equity round led by CIBC Innovation Financial Services to accelerate the expansion of a comprehensive health practice management solution.

PRIVATENov 26, 2024

Amount Raised

$13 Million

Round Type

Private Equity

TorontoSoftwareHealth CareFitnessWellness

Investors

CIBC Innovation Financial Services

Description

CIBC Innovation Financial Services announced today a $13 million growth capital facility for Practice Better, a leading all-in-one practice management software platform for health and wellness professionals. This investment will support Practice Better's continued expansion into new markets and accelerate the development of new products.

Quick answer

Practice Better raised $13 Million in a Private Equity round, dated November 26, 2024. Investors: CIBC Innovation Financial Services. Practice Better is based in Toronto, Ontario, Canada.

How much did Practice Better raise?
Practice Better raised $13 Million in a Private Equity round on November 26, 2024.
Who invested in Practice Better?
CIBC Innovation Financial Services is named as investors in this round.
What does Practice Better do?
Practice Better is a leading all-in-one practice management software solution transforming how Health & Wellness professionals run their practices and support their clients.
Where is Practice Better based and how big is it?
Practice Better is based in Toronto, Ontario, Canada.
Who are the decision-makers at Practice Better?
Fundz holds 1 contact at Practice Better. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Fitness and Wellness around the same time

Companies in the same sectors as Practice Better that raised within 45 days of this round, from Fundz verified event records.

  • DarioHealth raised $6.8M on January 7, 2025.
  • DarioHealth raised $19M on December 16, 2024.
  • Bsport raised $32M (Series B) on December 12, 2024.
  • AdvantageClub AI raised $4M (Seed) on December 2, 2024.
  • Ladder raised $15M (Series B) on November 20, 2024.
  • Ladder raised $19M on November 15, 2024.

Who to call at Practice Better, and when

A new round usually means Practice Better is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Practice Better raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Practice Better, from your own LinkedIn network

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Company Information

Company

Practice Better

Location

Toronto, Ontario, Canada

About

Practice Better is a leading all-in-one practice management software solution transforming how Health & Wellness professionals run their practices and support their clients. Trusted by practitioners across the globe, Practice Better empowers wellness professionals to streamline admin work, engage clients and scale their practices beyond traditional 1:1 models. Thousands of health & wellness professionals rely on Practice Better to scale smarter and empower their clients to live better.

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Practice Better raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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